Fabrinet
294 hedge funds and large institutions have $4.59B invested in Fabrinet in 2023 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 81 increasing their positions, 138 reducing their positions, and 67 closing their positions.
79% more call options, than puts
Call options by funds: $30.5M | Put options by funds: $17.1M
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
9% more capital invested
Capital invested by funds: $4.2B → $4.59B (+$389M)
0.8% less ownership
Funds ownership: 98.16% → 97.36% (-0.8%)
6% less funds holding
Funds holding: 313 → 294 (-19)
28% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 67
41% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 138
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCH
Polar Capital Holdings
London,
United Kingdom
|
+$60.4M |
| 2 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
+$33.8M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$28M |
| 4 |
Westfield Capital Management
Boston,
Massachusetts
|
+$17.8M |
| 5 |
Capital International Investors
Los Angeles,
California
|
+$14.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$63.3M |
| 2 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$36.6M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$24.1M |
| 4 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$21.7M |
| 5 |
NPIC
Neumeier Poma Investment Counsel
Carmel,
California
|
-$21.2M |
FN Hedge Fund Activity: Q2 2023 in Review
294 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Fabrinet (FN) for Q2 2023, worth a combined $4.59B — up 9.3% from $4.2B a quarter earlier.
Sellers outnumbered buyers: 67 funds closed out of FN and 48 opened new positions — a net loss of 19 holders — while 138 trimmed existing stakes and 81 added.
The largest buyer was Polar Capital Holdings, opening a new position worth an estimated $60.4M. The largest seller was Envestnet Asset Management, cutting an estimated $63.3M.
- 294 institutional investors held Fabrinet (FN) as of Q2 2023, down from 313 in Q1 2023.
- Funds reported $4.59B of Fabrinet stock for Q2 2023, up 9.3% quarter-over-quarter.
- 48 funds opened new Fabrinet positions in Q2 2023 and 67 closed out, a net change of -19 holders.
- The largest Fabrinet buyer in Q2 2023 was Polar Capital Holdings, an estimated $60.4M added.
- The largest Fabrinet seller in Q2 2023 was Envestnet Asset Management, an estimated $63.3M sold.
Based on aggregated 13F filings for Q2 2023.